Brief: China Merchants Commercial REIT Announces Deal To Buy 46.41% Effective Interest In A Beijing Property

China Merchants Commercial Real Estate Investment Trust

13/06/2022 14:40

June 13 (Reuters) - China Merchants Commercial Real Estate
Investment Trust  1503.HK :
    * TREASURE SUPREME INTERNATIONAL LTD TO BUY 51% OF  SA
VENICE I
    * PURCHASE CONSIDERATION FOR ACQUISITION SHALL BE EQUAL TO
INITIAL
CONSIDERATION RMB1.34 BILLION
    * 51% STAKE OF SA VENICE I REPRESENT 46.41% EFFECTIVE
INTEREST IN
ONWARD SCIENCE & TRADE CENTER CO
    * 51% STAKE OF SA VENICE I REPRESENT 46.41% EFFECTIVE
INTEREST IN
CERTAIN UNITS UNDER DEVELOPMENT IN CHAOYANG DISTRICT

Source text for Eikon:  ID:nHKS7nbFr7 
Further company coverage:  1503.HK 

 ((Reuters.Briefs@thomsonreuters.com;))